1. Materials to Supplement Textbook
Chapter 4
Materials to Supplement Textbook
J. Pittman, Instructor

2. Jeffrey Pittman - Legal Environment of Business
ADR Considerations
Compare litigation to ADR on the following:
Cost
Time
Privacy
Bitterness
Jeffrey Pittman - Legal Environment of Business

3. Possible Disadvantages of Arbitration
The following points are possible disadvantages of arbitration versus litigation
Lack of appeal rights (but appeals are expensive and time consuming)
Lack of full discovery (but discovery is expensive and time consuming)
Lack of evidentiary standards
“Hidden” arbitration clauses (but truly hidden arbitration agreements may be unenforceable)
Jeffrey Pittman - Legal Environment of Business

4. Possible Disadvantages of Arbitration
Lack of knowledge regarding the arbitrator’s background (but the parties select the arbitrator; judges are appointed and may also be a mystery)
Lack of precedent
Jeffrey Pittman - Legal Environment of Business